Form 4.20 Rule 4 34 - CVL The Insolvency Act 1986 Statement of Company's Affairs Pursuant to section 95/99 of the Insolvency Act 1986 For Official Use To the Registrar of Companies Company Number 3378860 Name of Company Reynolds Services Limited +7 We Diane Elizabeth Hui Mark Terence Getliffe Ship Canal House Ship Canal House 98 King Street 98 King Street Manchester Manchester M2 4WU M2 4WU the liquidator(s) of the above named company attach a statement of the company affairs as at 28 May 2013 Signed CarxzlZe Date 13 June 2013 CLB Coopers Ship Canal House 98 King Street Insolver FRIDAY Manchester M2 4WU *A2ZAIGONF* A03 14/06/2013 #290 COMPANIES HOUSE Ref RSL/DEH/NC/FA \ | Software Supplied by Turnkey Computer Technology Limited Glasgow Rute 4 34-CVL Form4 19 Statement of Affairs Statement as to affairs of Reynolds Services Limited on the 28 May 2013 the date of the resolution for winding up Statement of truth | believe that the facts stated in this Statement of Affairs are true Full Name fim Berle Be yicn Sea cRurh Signed laa =9 S aN Dated ak)s / 13 SS Ss 13 *A2AIGONN* A03 14/06/2013 #291 COMPANIES HOUSE Reynolds Services Limited Statement Of Affairs as at 28 May 2013 A- Summary of Assets Estimated to Assets Book Value Realise £ £ Assets subject to fixed charge: Assets subject to floating charge: Uncharged assets. Goodwill 1,500 00 Plant & Machinery 14,283 00 3,200 00 Office & Equipment 150 00 Stock 100 00 Book Debts 43,260 00 13,260 00 Estimated total assets available for preferential creditors 18,210 00 Signature keoB Date 28] S/f 4 Ss CHK Ds S13 Reynolds Services Limited Statement Of Affairs as at 28 May 2013 Ai - Summary of Liabilities Estimated to Realise £ Estimated total assets available for preferential creditors (Carried from Page A) 18,210 00 Liabilities Preferential Creditors - Arrears of Pay & Holiday Pay (Directors) 1,600 00 1,600 00 Estimated deficiency/surplus as regards preferential creditors 16,610 00 Debts secured by floating charge pre 15 September 2003 Other Pre 15 September 2003 Floating Charge Creditors NIL 16,610 00 NIL Estimated prescribed part of net property where applicable (to carry forward) Estimated total assets available for floating charge holders 16,610 00 Debts secured by floating charges post 15 September 2003 NIL Estimated deficiency/surplus of assets after floating charges 16,610 00 NIL Estimated prescribed part of net property where applicable (brought down) Total assets available to unsecured creditors 16,610 00 Unsecured non-preferential claims (excluding any shortfall to floating charge holders) Trade & Expense Creditors 13,900 59 AP, HP Redundancy Pay, PILON (Directors) 5,050 00 HM Revenue & Customs - PAYE & NI 38,608 74 HM Revenue & Customs - VAT 100,480 34 158,039 67 Estimated deficiency/surplus as regards non-preferential creditors (excluding any shortfall in respect of F.C's post 14 September 2003) (141,429 67) Estimated deficiency/surplus as regards creditors (141,429 67) Issued and called up capital Ordinary Shareholders 2 00 200 Estimated total deficiency/surplus as regards members (141,431 67) Signature IQ B Date DS 1S WS S CHS DS S$ 2 REYNOLDS SERVICES LIMITED IN LIQUIDATION NOTES TO THE ESTIMATED STATEMENT OF AFFAIRS These notes are prepared as a guide to explain some of the items within the Statement of Affairs It will be a matter for the duly appointed liquidators to investigate all such items in due course 1 The Statement of Affairs 1s prepared prior to the application of the costs of Liquidation 2 Book values are taken from the financial statements for the period ending 31 May 2011 unless stated otherwise. The Goodwill of the business was not shown in the financial statements. The goodwill has have been independently valued by Charterfields International Assets Consultants who estimated going concern value of £1,500 It will be for the duly appointed liquidators to investigate value The plant and machinery was shown 1n the financial statements to have a net book of £14,283. This mcludes 2 decontamination units, scaffoldi ng system componen ts and minor ttems of hand tools The assets have been independently valued by Charterfie lds International Assets Consultants who have estimated going concern value of £3,200. It will be for the duly appointed liquidators to investigate The office furniture and equipment was not shown in the financial statements This includes 3 Computers, a printer and a fax machine The office furniture is leased along with the trading premises The assets have been independently valued by Charterfields International Assets Consultants who have estimated going concern value of £150 It will be for the duly appointed liquidators to investigate The stock was not shown in the financial statements This includes personal protection nal equipment The assets have been independently valued by Charterfields Internatio Assets Consultants who have estimated gomg concern value of £100 It will be for the duly appointed liquidators to investigate in the financia! statements to have a value of £48,971 The The Book Debts were shown directors have provided an updated position that shows £13,260 due to the company The estimated to realise figure shown in the statement of affairs 1s based on a recovery of 85% of the book value figure. It will be for the duly appointed liquidators to investigate Preferential creditors represent the employees that worked for the company in respect of of Arrears of Pay (AP), Holiday Pay (HP) It will be for the duly appointed liquidators to investigate Unsecured creditor claims are stated inclusive of VAT, where applicable and represent the shortfall of AP & HP of the employees claims in addition to Pay In Lieu of Notice (PILON) (prior to mitigation) and Redundancy Pay (RP) It will be a matter for the duly appointed liquidators to investigate and agree claims. 10 Amounts due to HM Revenue and Customs in respect of Corporation Tax, PAYE, NI, CIS and VAT represent monses due for pertod outstanding from April 2011 onwards Reynolds Services Limited A4 - Preferential Creditors Statement of Affairs Figures Key Name £ RBOO Kimberly Ann Boulton 800 00 Casa Mia Ring Road Backford Chester CH1 6PG 800 00 RCO Mr Stuart Crump 12 Hillcrest Penley Wrexham LL13 OUR 1,600 00 2 Entries Totalling Signature OB sar IPS SQL Ver 2010 24 May 2013 16 58 Page 1 of 1 Reynolds Services Limited AS - Unsecured Creditors Statement of Affairs Figures Key Name £ ccoo HM Revenue & Customes - PAYE, NI & cis 38,608 74 b971247608 insolvency DSS Longbenton Newcastle upon Tyne NE98 1¥X Cp00 Deepack Plastics Ltd 3,408 00 Units 1, 2 and 10 Parkway, Sixth Avenue Deeside Industnal Park Deeside Flintshire CH5 2NS CcG00 GTM Heavy Rentals Limited 6,680 40 Hall Cottage, Higher Lane Dutton Wamngton Cheshire WA4 4J5P CHOO HM Revenue & Customs - VAT 100,480 34 insolvency Help Desk Queens Dock Liverpool Merseyside L74 4AA CROO REC (ASBESTOS) LTD 648 00 Hadfield House Hadfield Street Old Trafford Manchester M16 9FE CT00 Toughsheet Building Products 1,168 80 Chequerbent Works, Manchester Road Chequerbent Westhoughton Bolton BL5 3JF cTo1 Thermac (Hire) Ltd 1,995 39 Astra Park Parkside Lane Leeds West Yorkshire LS11 5SZ RBOO Kimberly Ann Boulton 2,000 00 Casa Mia Ring Road Backford Chester CH1 6PG Signature {0& Ss Page 1 of 2 IPS SQL Ver 2010 24 May 2013 16 59 Reynolds Services Limited A5 - Unsecured Creditors Statement of Affairs Figures Key Name £ RCoO Mr Stuart Crump 3,050 00 12 Hillcrest Penley Wrexham LL13 OJR 9 Entries Totalling 158,039 67 @ - Denotes associate creditor sgratue (26 SCee IPS SQL Ver 2010 24 May 2013 16 59 Page 2 of 2 140 | o8ed vO 91 EL0z AEW 2 010Z 48A JOS Sdi rome) Ss ; HO?) aunyeubis Huyjejo, Sajug Z 002 ‘AVON ONY VIW-VSW9 uoynog uuy Aayequiy = 008H 00 Z 000 00 Z 000 9d9 1HO ‘SYIHSSHD 'NALSSHO ‘GUOINOVE ssalppy owen Kay [202 4930 PIO —- $d slapjoyaseys - D pay saaiaiag spjousey £0 E102 J8A IOS Sd 13014 abeg 9S Ot E102 AEW pz - SD sS - HOP aunjeubis 29°6t9'6S1 Buieyoy Sanyug 6 00 ose"e UO EL TT ‘weyxainy 'Aajuay ‘IsasoqiH 74 dung uens AY 0004 00 0082 9d9 LHO Yalsayg ‘proppeg ‘peoy Bury ‘ey eseo uojnog uuy Ayequiy oogy 6E S66'L ZSG LES ‘aulysHo, ISaN ‘Spee7 ‘suUeT apIswed Wed sy PIT (aul) Seay) tOLO 08 891'L SPe Stq ‘uoYog ‘uoyyBnousan, ‘uaqianbayd ‘peoy Jaysayoueyy ‘Sony jusquenbayo syonpold Bulpying yeeysuhno, 0019 00 879 36 OL ‘Yaysayouey) ‘proyes| PIO '}324S P]eYPEH ‘asno}4 pjoypey 17 (SOLS3aSyv) 93y 00yo ve O8¢'001 VP PZ] apiskasiay ‘(Codsaary ‘490g SuaanD ‘4s9q dja} Aouenjosuy LA - SWO]SND P anueAayY WH OOHD Ov 089'9 dip PYM ‘alysayd ‘uo}Bulueny ‘uoyng ‘aue7 JeyBiy ‘aBeRod |e paywiq sjejuay AneaH WLS 0099 SNZ SHO 00 g0r'e ‘SsYSJUl]4 ‘@plsseq ‘Wed JeusNpuy apissag 'snuary uIxIS ‘AeMed OL pue Z‘L sun pr] soysejd yoedsaq 00qo v2 809'8E XAL 66HN auAL Uodn ayseaman ‘uojUaqbu07 ‘ggg ‘Aouenjosu| SID 9 IN ‘AAWd - S8WoysND F eNuaAay AH 0000 3 ssaippy awen hey SIO}Ipalg Aueduiog - q pau] sediniag spjoudey